Property Details

St Mary Street is a mixed tertiary retail, commercial and residential area within Southampton city centre. The property is in a prominent location close to a busy market square which provides a pedestrian route from St Mary Street through Hoglands Park to Southampton City Centre and West Quay Shopping Centre.

A Mid Terrace 3 Storey Investment Property. The Ground Floor Is A Retail Shop Used As An Indian Takeaway. There Is A Front Servery With Rear Kitchen Stores / Staff Facilities And A Basement Which Is Used For Storage. The Lease Has Been Assigned With 8 Years Unexpired To Bs Saman Ltd, Trading As Basil And Bay. This Assignment Is Subject To An Authorised Guarantee Agreement Of 6 Months Rent. The Current Rent Is £7,500 Per Annum. There Are 3 Yearly Rent Reviews From June 2020. The Residential Upper Floors Comprise A 2 Bedroom Flat With Independent Access From St Mary Street. This Is Let On An Assured Short Term Tenancy For £9,300 Per Annum.. The Flat Has Gas Central Heating, Some Double Glazing, Fitted Kitchen And Bathroom. Please Note That The Pictures Of The Flat Are From 2022.